Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 522259 | NSE: KALINDEE | Engineering - Construction | Small Cap

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Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated) stock performance -

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P/E Ratio (SA):
27.04
Market Cap:
169 Cr.
52-wk low:
102.1
52-wk high:
103.3

Is an attractive stock to invest in?

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10 Year X-Ray of Kalindee Rail Nirman:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 22.1%18.7%15.8%10.5%12.2%12.5%12.6%2.5%3.1%10.1%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 188246281162230244257254309372411
Sales YoY Gr.-30.8%14.3%-42.3%41.5%6.4%5.3%-1.3%21.5%20.7%-
Adj EPS 912.29.44.95.76.26.3-4.9-8.4-22.93.8
YoY Gr.-36%-23.5%-47.9%17.6%8.7%1.4%-177.6%NANA-
BVPS (₹) 66.28091.7101.9106.4114123.1104.398.465.863.1
Adj Net
Profit
9.513.110.5677.77.8-8.1-13.8-37.86
Cash Flow from Ops. -5.5-34.2-0.42.816.9-13.6-3.3-3.7-60.3-47.2-
Debt/CF from Ops. -9.8-2.2-202.423.93.4-6.6-32.6-27.5-3-5.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.9%10.1%13.1%20.7%
Adj EPS -210.9%-231.9%-253.5%NA
BVPS-0.1%-9.2%-18.9%-33.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
21.716.911.15.25.45.55.3-5-8.2-27.95.9
Op. Profit
Mgn %
11.110.49.9119.610.511.50.95.38.99.8
Net Profit
Mgn %
55.33.73.73.13.23.1-3.2-4.5-10.21.5
Debt to
Equity
0.80.90.80.50.40.60.70.61.12.40
Working Cap
Days
160204223406307320341390401397154
Cash Conv.
Cycle
11413313925718118521223622018114

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 3.8 -
TTM Sales (₹ Cr.) 411 -
BVPS (₹.) 63.1 -
Reserves (₹ Cr.) 88 -
P/BV 1.62 -
PE 27.04 -
From the Market
52 Week Low / High (₹) 102.05 / 103.30
All Time Low / High (₹) 1.55 / 600.00
Market Cap (₹ Cr.) 169
Equity (₹ Cr.) 16.5
Face Value (₹) 10
Industry PE 36.2

Management X-Ray of Kalindee Rail Nirman:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *9.819.810.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kalindee Rail Nirman

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales188.12246.03281.22162.32229.64244.33257.22253.99308.52372.27
Operating Expenses 167.28220.43253.59145.16207.81218.89227.96251.87292.37339.19
Manufacturing Costs72.4983.33119.5558.4359.0756.4593.8192.5289.92101.72
Material Costs82.47122.42111.2766.84125.35134.81103.15134.02166.68193.70
Employee Cost 4.595.976.157.057.759.0810.7412.3018.0622.51
Other Costs 7.728.7116.6212.8415.6518.5520.2513.0317.7121.26
Operating Profit 20.8425.6027.6417.1621.8325.4429.262.1216.1533.08
Operating Profit Margin (%) 11.1%10.4%9.8%10.6%9.5%10.4%11.4%0.8%5.2%8.9%
Other Income 01.991.134.013.112.663.466.1911.404.73
Interest 5.635.5611.3211.2511.2215.1318.941823.7234.60
Depreciation 0.620.881.391.371.441.541.561.511.802.09
Exceptional Items 00000000-16.210
Profit Before Tax 14.6021.1616.058.5512.2811.4412.22-11.20-14.181.12
Tax 5.166.955.613.075.413.754.12-4.09-4.450.26
Profit After Tax 9.4414.2210.445.486.887.688.09-7.11-9.730.86
PAT Margin (%) 5.0%5.8%3.7%3.4%3.0%3.1%3.1%-2.8%-3.2%0.2%
Adjusted EPS (₹)9.013.39.34.55.66.26.5-4.3-5.90.5
Dividend Payout Ratio (%)11%8%0%0%18%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 69.5485.81102.96124.80130.25141.29152.57172.24162.48108.57
Share Capital 10.5010.7311.2212.2512.2512.4012.4016.5116.5116.51
Reserves 59.0475.0891.73112.55118128.89140.18155.73145.9792.06
Minority Interest0000000000
Debt54.0976.1582.2666.4156.4489.37108.35101.33180.02255.98
Long Term Debt54.0976.1582.2666.410.100.100.850.500.010.26
Short Term Debt000056.3589.28107.50100.83180.01255.71
Trade Payables5.7218.1816.5618.3728.3816.4917.0539.6157.9062.26
Others Liabilities 35.3729.9821.5217.1733.3533.4235.1538.1640.4543.52
Total Liabilities 164.72210.12223.29226.74248.43280.57313.12351.35440.85470.34

Fixed Assets

Gross Block10.8821.5122.9523.4024.7328.6429.0428.5129.0830.89
Accumulated Depreciation4.074.816.077.108.379.8511.0512.1813.9215.82
Net Fixed Assets6.8116.7016.8816.3116.3618.791816.3315.1615.07
CWIP 0000000000
Investments 00.300.300000000
Inventories42.7189.5483.7485.1091.6062.6984.4145.5028.3315.34
Trade Receivables40.7734.1248.2453.5252.7094.6896.85160.09244.66216.43
Cash Equivalents 50.4825.6329.4526.4029.8936.0739.5647.3136.3435.82
Others Assets23.9543.8344.6945.4257.8868.3574.3082.12116.36187.68
Total Assets 164.72210.12223.29226.74248.43280.57313.12351.35440.85470.34

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity -5.54-34.22-0.412.7816.85-13.61-3.33-3.70-60.27-47.16
PBT 14.6021.1616.058.5512.2811.4412.22-11.20-14.181.12
Adjustment 4.523.769.648.717.319.6713.1510.0337.1332.23
Changes in Working Capital -19.5-52.19-20.48-11.411.42-30.96-24.597.98-78.56-76.92
Tax Paid -5-6.89-5.61-3.07-4.16-3.75-4.11-10.51-4.65-3.60
Cash Flow From Investing Activity -6.44-14.72-0.86-0.57-1.35-3.15-9.093.233.803.87
Capex -1.85-10.47-1.69-1.28-1.69-4.06-1.23-0.08-0.76-1.98
Net Investments 0-0.3000.300.350.910-1.2100
Others -4.58-3.950.830.4200-7.874.524.565.85
Cash Flow From Financing Activity 54.8424.095.08-8.21-13.5521.415.317.0155.6242.83
Net Proceeds from Shares 43.453.287.9617.453.760.45026.7700
Net Proceeds from Borrowing 12.6222.066.12-17.10032.8619.18000
Interest Paid 00-8.99-8.55-7.54-10.47-13.87-12.80-22.96-32.95
Dividend Paid -1.23-1.26000-1.420000
Others 0000-9.7600.01-6.9678.5875.78
Net Cash Flow 42.87-24.853.82-5.991.964.65-7.116.55-0.85-0.46
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)21.6618.311.064.825.395.665.51-4.38-5.810.64
ROCE (%)22.1418.7115.7710.4912.2412.4812.582.543.0910.1
Asset Turnover Ratio1.61.311.30.720.970.920.870.760.780.82
PAT to CFO Conversion(x)-0.59-2.41-0.040.512.45-1.77-0.41N/AN/A-54.84
Working Capital Days
Receivable Days63565311484110136185239226
Inventory Days6098112190140115104934421
Payable Days1936579568615977107113

Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated) Stock News

Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kalindee Rail Nirman on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Kalindee Rail Nirman stood at ₹169.0.
The latest P/E ratio of Kalindee Rail Nirman as of 01-Jan-1970 05:30 is 27.04.
The latest P/B ratio of Kalindee Rail Nirman as of 01-Jan-1970 05:30 is 1.62.
The 52-week high of Kalindee Rail Nirman is ₹103.3 and the 52-week low is ₹102.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kalindee Rail Nirman is ₹411.4 ( Cr.) .

About Kalindee Rail Nirman (Engineers) Ltd. - (Amalgamated)

Kalindee Rail Nirman popularly known as “ KALINDEE”,  stands as the forerunner in the execution of the major Railway Signaling & Telecommunication projects in India. Dedicated and sincere work has earned it a good reputation. In Railways, KALINDEE is now a trusted name for successful & timely execution of works with highest level of quality with state of the art technology. The company commenced its business from July 2,1984.

Kalindee has executed with distinction and quality various prestigious projects spread far and wide in the country including Gauge Conversion Project from Meter Gauge to Broad Gauge, New Railway Line Construction, Modernization of Railway yards. Up-gradation of Railway Sidings in ports, Power plants, Petroleum Sidings, Access Control Systems for Metro Rail, Fiber Optic Networks, etc.

Indian Railways has launched an ambitious program to enhance capacity to handle more traffic with speed and safety and have sanctioned a large number of signaling, telecom, track and bridge works. Urban Transport Authorities are introducing Metro Rail Systems.

In order to meet these growing challenges, KALINDEE is already participating in a large number of works and has further diversified into Ballasted and Ballast-less Railway Track , Access Control Systems for Metro Rail, Roads, Buildings and Bridges. Kalindee has also developed links with internationally reputed organizations to provide the latest state of the art technology.

Kalindee has introduced modern quality control systems and secured ISO 9002 certification. Thus Kalindee is now fully geared to participate in majority of these projects and is poised for expansion and modernization by equipping itself with modern construction machinery like Rail Track Construction machines, Rail welding Plants, cable trenchers, mobile multipurpose cranes, heavy earth moving machinery, communication system etc. to execute the work with speed and quality.

Busines sectors  of the company

Construction of infrastructure facilities for Surface Transport and Telecommunication Systems including :

  • Railways-Track, Signaling and Telecommunication, Building, Bridges, Fixed Installations for Electric Traction.
  • Metro Rail Systems - Ballast-less Underground Track, Access Control Systems and Automatic Fare Collection.
  • Telecommunication- Optic Fiber, Copper Cable and Wireless Networks .
  • Civil Works- Buildings, Bridges

Awards/ Achievements

  • Bharat Ratna Visvesvaraya Award' given by The President of India to Mr.R.D. Sharma Chairman & Managing Director
  • Letters of appreciation by Client organization
  • Articles of commendation by the press
  • Repeated requests by Client organisation to Kalindee to under take works under challenging situations.

Kalindee has been associated with various international entities

For Signalling

  • Harmon Ind.-USA
  • Etiologic- UK
  • Sasib (GRS)- USA
  • Leighton- Singapore
  • Emrail- KL
  • Union Switch- USA
  • GE-UK

For Telecommunication

  • Ericsson- Sweden
  • Bosch Telecom.- Germany
  • Kabel Rheydt- Germany
  • Alcatel- Portugal.
  • Motorola- USA
  • Thales-  France

For civil & track works

  • Wermer Tracte- Germany
  • China Harbour Co.- China
  • TSO- France
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